onies; I now wish he would apply to our custom-house entries, and our
merchants, for the advantages which we derived from them.
In 1761, there was no entry of goods from any of the conquered places
but Guadaloupe; in that year it stood thus:--
Imports from Guadaloupe, value, L482,179
--------
In 1762, when we had not yet delivered up our conquests, the account
was,
Guadaloupe L513,244
Martinico 288,425
--------
Total imports in 1762, value, L801,669
--------
In 1763, after we had delivered up the sovereignty of these islands, but
kept open a communication with them, the imports were,
Guadaloupe L412,303
Martinico 344,161
Havannah 249,386
----------
Total imports in 1763, value, L1,005,850
----------
Besides, I find, in the account of bullion imported and brought to the
Bank, that, during that period in which the intercourse with the
Havannah was open, we received at that one shop, in treasure, from that
one place, 559,810_l._; in the year 1763, 389,450_l._; so that the
import from these places in that year amounted to 1,395,300_l._
On this state the reader will observe, that I take the imports from, and
not the exports to, these conquests, as the measure of the advantages
which we derived from them. I do so for reasons which will be somewhat
worthy the attention of such readers as are fond of this species of
inquiry. I say therefore I choose the import article, as the best, and
indeed the only standard we can have, of the value of the West India
trade. Our export entry does not comprehend the greatest trade we carry
on with any of the West India islands, the sale of negroes: nor does it
give any idea of two other advantages we draw from them; the
remittances for money spent here, and the payment of part of the balance
of the North American trade. It is therefore quite ridiculous, to strike
a balance merely on the face of an excess of imports and exports, in
that commerce; though, in most foreign branches, it is, on the whole,
the best method. If we should take that standard, it would appear, that
the balance with our own islands is,
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